Posts tagged family farm

A few weeks ago I was interviewed for an article about some of the pros and cons of different organizational forms for farm businesses. The article, by Nancy Jorgensen, came out this month’s issue of Today’s Farmer, a publication of MFA, Inc. The intro has the usual caveats:

This article covers the pros and cons of various types of farm organizational structures. We provide a few general definitions and guidelines below, but we are not offering tax or legal advice. You should consult tax, legal and other experts before modifying your structure. Keep in mind that corporate law varies by state. It’s also important to note that no matter what their organizational structure, families continue to own the vast majority of U.S. farms.